Giuseppe Basile, CSTA/IFTA
FibStalker Trading
Summary: On Sunday night, we started our trading week on the right foot.
We showed how EUR/CAD, USD/CAD, EUR/AUD and EUR/USD are completing their cycle to targets at low before starting the new leg or a reaction higher. We hope to see our target on EUR/AUD to be hit on Monday.
The new entrant GBP/JPY has failed its sequence on the H4 timeframe and is moving higher pushed by smaller timeframes.
Once that push will run out of steam, this market could offer a great short opportunity, maybe at the EU session or US session on Monday. If Algos participate, weekly targets put GBP/JPY at 160.20 and then 154.40.
The Asian pairs we follow: USD/JPY, AUD/USD and AUD/JPY are still looking for a high. Check the video for the level when the new shorts will be confirmed. Mind though that weekly bulls could already be in control in AUD/JPY and AUD/NZD already in shorts.
See you tomorrow at 8.00PM EST.
FibStalker.
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Come daily to Live Video and chat with experts and traders.
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We showed how EUR/CAD, USD/CAD, EUR/AUD and EUR/USD are completing their cycle to targets at low before starting the new leg or a reaction higher. We hope to see our target on EUR/AUD to be hit on Monday.
The new entrant GBP/JPY has failed its sequence on the H4 timeframe and is moving higher pushed by smaller timeframes.
Once that push will run out of steam, this market could offer a great short opportunity, maybe at the EU session or US session on Monday. If Algos participate, weekly targets put GBP/JPY at 160.20 and then 154.40.
The Asian pairs we follow: USD/JPY, AUD/USD and AUD/JPY are still looking for a high. Check the video for the level when the new shorts will be confirmed. Mind though that weekly bulls could already be in control in AUD/JPY and AUD/NZD already in shorts.
See you tomorrow at 8.00PM EST.
FibStalker.
-----
Come daily to Live Video and chat with experts and traders.
-----
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